— The satellite TV company dropped 3% in midday trading. Goldman Sachs reinstated its neutral rating on Tuesday, noting that while the company is positioned to gain share, it faces significant execution risk and the acceleration of cord-cutting. The firm's $14 price target implies 11.5% downside from Monday's close.
— CNBC's Samantha Subin, Alex Harring, Yun Li, Tanaya Macheel, Carmen Reinicke, Jesse Pound and Michael Bloom contributed reporting.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: SFBusinessTimes - 🏆 78. / 68 Read more »